A significant long liquidation for #ONDO just occurred, totaling $11.051K at $1.57981. Here's the trade setup:
Entry Point: $1.57981
Enter near this price, as the liquidation could lead to a potential upward price movement.
Stop Loss: $1.5500
Set a stop loss at $1.5500 to manage risk in case of a downside move.
Target: $1.7000
The target is set at $1.7000, anticipating a rally following the liquidation.
Watch #ONDO for potential upside as the market reacts to this liquidation event.